Third-party allocation of preferred shares in KNT-CT Holdings Co., Ltd to Kintetsu Group Holdings Co., Ltd., and LLCs lending from MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation
Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to KNT-CT Holdings Co., Ltd in the third-party allocation of preferred shares in the company to Kintetsu Group Holdings Co., Ltd., and LLCs lending from MUFG Bank, Ltd. and Sumitomo Mitsui Banking Corporation.
KNT-CT Holdings Co., Ltd. is a Japan-based company mainly engaged in the travel business. The company operates in three segments. The personal travel segment is engaged in the provision of domestic and overseas tour services, the planning and sale of travel products under domestic and overseas planning travel brands, the sale of Japan Railways (JR) tickets, domestic and overseas air tickets and hotel vouchers. The group tour segment is engaged in the provision of group tour for companies, schools, government and public interest corporations, and the planning and sale of travel products. The others segment engaged in the planning and sale of travel products, merchandising and provision of travel-related services, among others.
Kintetsu Group Holdings is a Japanese railway holding company which primarily owns the Kintetsu Railway as well as Kintetsu Taxi, Kintetsu Department Store, and its other corporations in transportation, real estate, hotel and leisure and other sectors, which are collectively known as Kintetsu Group.
The transaction closed in May 2021.
Consumer Goods & Retail
Third-party allocation of preferred shares in
to
Transaction details
Third-party allocation of preferred shares in KNT-CT Holdings Co., Ltd, which is mainly engaged in the travel business, to Kintetsu Group Holdings Co., Ltd., a Japanese railway holding company
This transaction was advised by:
Our latest transactions
Real Estate & Construction
has been acquired by
Transaction details
Blue Bay Building Products has been acquired by Wolseley Group, a leading specialist provider of plumbing, heating, cooling, and utility products to trade customers
Food & Beverage & Agribusiness
has sold
to
Transaction details
Fleury Michon has sold Room Saveurs, a trading company and laboratory specialized in the development of meal trays, to Kumo
Industrials
has transferred the equity interests of its subsidiary
to
Transaction details
Maezawa Kyuso Industries has transferred the equity interests of Maezawa Kyuso (Nanchang) to Guangzhou Hongxing Investment Co., Ltd.
Software & IT Services
have sold
to
a portfolio company of
Transaction details
Companyweb, the leading provider of subscription-based credit information and private company data intelligence in Belgium, has been sold to Altares, a provider of B2B data solutions, servicing medium and large companies across the entire data value chain
